Ship Scrapping workers comp rate in Rhode Island
The filed workers comp rate for class code 6874 F (Ship Scrapping) in Rhode Island is $6.04 per $100 of payroll , effective 2024-08-01. On $500,000 of payroll, that's roughly $30,200 in base premium.
Rate per $100 $6.04
Rate type advisory_loss_cost
Authority National Council on Compensation
Effective 2024-08-01
vs peers 65%
Confidence HIGH
FAQ
What is the workers comp rate for code 6874 F in Rhode Island?
The filed workers comp loss cost / rate for NCCI class code 6874 F (Ship Scrapping) in Rhode Island is $6.04 per $100 of payroll, effective 2024-08-01.
How much would I pay in Rhode Island for code 6874 F on $500,000 of payroll?
At $6.04 per $100, $500,000 of payroll yields a base premium of $30,200 before experience modifier and schedule credits. Actual cost varies by carrier and underwriting.
Where else can I see code 6874 F?
UT has the cheapest filed rate for code 6874 F ($1.83) and MN the highest ($14.51). Rhode Island sits at the 65th percentile across 20 peer states.